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	<title>Hedge Fund News From HedgeCo.Net &#187; wealth management</title>
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	<link>http://www.hedgeco.net/news</link>
	<description>Breaking Hedge Fund News</description>
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		<title>Despite &#8217;08 pain, the rich still like hedge funds</title>
		<link>http://www.hedgeco.net/news/10/2009/despite-08-pain-the-rich-still-like-hedge-funds.html</link>
		<comments>http://www.hedgeco.net/news/10/2009/despite-08-pain-the-rich-still-like-hedge-funds.html#comments</comments>
		<pubDate>Thu, 08 Oct 2009 10:52:29 +0000</pubDate>
		<dc:creator>Editor</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[chief-executive]]></category>
		<category><![CDATA[fund-managers]]></category>
		<category><![CDATA[global-wealth]]></category>
		<category><![CDATA[hedge funds]]></category>
		<category><![CDATA[private bank]]></category>
		<category><![CDATA[wealth management]]></category>

		<guid isPermaLink="false">http://www.hedgeco.net/news/?p=12434</guid>
		<description><![CDATA[Reuters &#8211; It appears nothing &#8212; not losses, redemption gates or lofty fees &#8212; can deter the rich from stashing their cash in hedge funds. A year after crumbling markets triggered losses and fund managers drew fire for blocking redemptions, wealthy investors have not abandoned hedge funds, according to private bankers and wealth managers attending [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>JP Morgan Private Bank sees hedge funds comeback</title>
		<link>http://www.hedgeco.net/news/10/2009/jp-morgan-private-bank-sees-hedge-funds-comeback.html</link>
		<comments>http://www.hedgeco.net/news/10/2009/jp-morgan-private-bank-sees-hedge-funds-comeback.html#comments</comments>
		<pubDate>Wed, 07 Oct 2009 10:38:30 +0000</pubDate>
		<dc:creator>Editor</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[global-wealth]]></category>
		<category><![CDATA[hedge funds]]></category>
		<category><![CDATA[hedge-fund-manager]]></category>
		<category><![CDATA[international markets]]></category>
		<category><![CDATA[risk appetite]]></category>
		<category><![CDATA[wealth management]]></category>

		<guid isPermaLink="false">http://www.hedgeco.net/news/?p=12384</guid>
		<description><![CDATA[Reuters &#8211; Wealthy clients believe the worst of the crisis is probably over and have started to come back to higher-risk assets such as hedge funds, a top banker at JP Morgan Private Bank said on Wednesday. Felipe Godard, Head of European International Markets at JP Morgan Private Bank, also told the Reuters Global Wealth [...]]]></description>
		<wfw:commentRss>http://www.hedgeco.net/news/10/2009/jp-morgan-private-bank-sees-hedge-funds-comeback.html/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Wealth managers eye &#8220;mass affluent&#8221; as tax bites</title>
		<link>http://www.hedgeco.net/news/10/2009/wealth-managers-eye-mass-affluent-as-tax-bites.html</link>
		<comments>http://www.hedgeco.net/news/10/2009/wealth-managers-eye-mass-affluent-as-tax-bites.html#comments</comments>
		<pubDate>Mon, 05 Oct 2009 11:59:29 +0000</pubDate>
		<dc:creator>Editor</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[assets]]></category>
		<category><![CDATA[wealth management]]></category>
		<category><![CDATA[wealth managers]]></category>

		<guid isPermaLink="false">http://www.hedgeco.net/news/?p=12327</guid>
		<description><![CDATA[Reuters &#8211; Wealth management firms are counting on new business from the moderately rich as they play down the impact of a possible exodus of the ultra wealthy from tax-hungry Britain. The likes of steel magnate Lakshmi Mittal and Russian owner of Chelsea football club Roman Abramovich are coveted by firms, but the vast bulk [...]]]></description>
		<wfw:commentRss>http://www.hedgeco.net/news/10/2009/wealth-managers-eye-mass-affluent-as-tax-bites.html/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>SEC Goes After Hedge Fund Managers</title>
		<link>http://www.hedgeco.net/news/05/2009/sec-goes-after-hedge-fund-managers.html</link>
		<comments>http://www.hedgeco.net/news/05/2009/sec-goes-after-hedge-fund-managers.html#comments</comments>
		<pubDate>Fri, 22 May 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[5-million]]></category>
		<category><![CDATA[courthouse news]]></category>
		<category><![CDATA[fevola]]></category>
		<category><![CDATA[hedge fund]]></category>
		<category><![CDATA[kickbacks]]></category>
		<category><![CDATA[management funds]]></category>
		<category><![CDATA[management llc]]></category>
		<category><![CDATA[news service]]></category>
		<category><![CDATA[putman]]></category>
		<category><![CDATA[simone]]></category>
		<category><![CDATA[wealth management]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Courthouse News Service &#8211; Hedge fund operates took more than $2.5 million in kickbacks while putting clients into grossly overstated Wealth Management LLC accounts, the SEC claims in Federal Court. It sued the hedge fund, its managers James Putman and Simone Fevola, and several relief defendants. Wealth Management claims to have 447 clients for whom [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Switzerland Beats London as Home for Mobile Rich, Says Scorpio</title>
		<link>http://www.hedgeco.net/news/05/2009/switzerland-beats-london-as-home-for-mobile-rich-says-scorpio.html</link>
		<comments>http://www.hedgeco.net/news/05/2009/switzerland-beats-london-as-home-for-mobile-rich-says-scorpio.html#comments</comments>
		<pubDate>Wed, 13 May 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[alpine nation]]></category>
		<category><![CDATA[beneficiary]]></category>
		<category><![CDATA[bloomberg]]></category>
		<category><![CDATA[hong kong]]></category>
		<category><![CDATA[immigration]]></category>
		<category><![CDATA[infrastructure]]></category>
		<category><![CDATA[london]]></category>
		<category><![CDATA[management adviser]]></category>
		<category><![CDATA[monaco]]></category>
		<category><![CDATA[new-survey]]></category>
		<category><![CDATA[partnership]]></category>
		<category><![CDATA[political stability]]></category>
		<category><![CDATA[s education]]></category>
		<category><![CDATA[scorpio]]></category>
		<category><![CDATA[singapore]]></category>
		<category><![CDATA[switzerland]]></category>
		<category><![CDATA[wealth management]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Bloomberg &#8211; Switzerland is the world&#8217;s most attractive financial center for the &#8220;mobile wealthy,&#8221; beating London, Singapore and New York, according to a new survey by Scorpio Partnership. The Alpine nation ranks highest for economic and political stability, legal issues, children&#8217;s education and infrastructure, the London-based wealth management adviser said. Switzerland placed fifth for tax [...]]]></description>
		<wfw:commentRss>http://www.hedgeco.net/news/05/2009/switzerland-beats-london-as-home-for-mobile-rich-says-scorpio.html/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Liongate Seeks $500 Million for Commodity Fund of Hedge Funds</title>
		<link>http://www.hedgeco.net/news/03/2009/liongate-seeks-500-million-for-commodity-fund-of-hedge-funds.html</link>
		<comments>http://www.hedgeco.net/news/03/2009/liongate-seeks-500-million-for-commodity-fund-of-hedge-funds.html#comments</comments>
		<pubDate>Mon, 02 Mar 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[capital-management]]></category>
		<category><![CDATA[commodities]]></category>
		<category><![CDATA[commodity]]></category>
		<category><![CDATA[crb index]]></category>
		<category><![CDATA[deflation]]></category>
		<category><![CDATA[financial adviser]]></category>
		<category><![CDATA[inauspicious time]]></category>
		<category><![CDATA[inflation bias]]></category>
		<category><![CDATA[investments]]></category>
		<category><![CDATA[jefferies]]></category>
		<category><![CDATA[liongate]]></category>
		<category><![CDATA[london]]></category>
		<category><![CDATA[reuters]]></category>
		<category><![CDATA[tim price]]></category>
		<category><![CDATA[wealth management]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Bloomberg &#8211; Liongate Capital Management LLP, a London-based firm managing $2.2 billion, plans to raise $500 million for a fund of commodity hedge funds. The Liongate Commodities Fund returned about 0.1 percent last year and 0.3 percent in January, when it operated with the firm&#8217;s capital of $40 million, the company said in a statement [...]]]></description>
		<wfw:commentRss>http://www.hedgeco.net/news/03/2009/liongate-seeks-500-million-for-commodity-fund-of-hedge-funds.html/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>PE fund sales get their own market</title>
		<link>http://www.hedgeco.net/news/02/2009/pe-fund-sales-get-their-own-market.html</link>
		<comments>http://www.hedgeco.net/news/02/2009/pe-fund-sales-get-their-own-market.html#comments</comments>
		<pubDate>Wed, 25 Feb 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[citigroup]]></category>
		<category><![CDATA[funds hedge]]></category>
		<category><![CDATA[intention]]></category>
		<category><![CDATA[limited partnership]]></category>
		<category><![CDATA[partnership interests]]></category>
		<category><![CDATA[private equity fund]]></category>
		<category><![CDATA[private-equity-funds]]></category>
		<category><![CDATA[reuters]]></category>
		<category><![CDATA[sister publication]]></category>
		<category><![CDATA[venture capital funds]]></category>
		<category><![CDATA[wealth management]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Reuters Blogs &#8211; It seems that private equity fund sales are heating up so much&#160;they need their own market. SecondMarket said today it is&#160;opening trading in limited partnership interests in private equity funds, venture capital funds, hedge funds and fund of funds (the intention to launch into this market&#160;was reported a few weeks ago by [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hedge-Fund Assets Set to Drop $192 Billion by March, UBS Says</title>
		<link>http://www.hedgeco.net/news/02/2009/hedge-fund-assets-set-to-drop-192-billion-by-march-ubs-says.html</link>
		<comments>http://www.hedgeco.net/news/02/2009/hedge-fund-assets-set-to-drop-192-billion-by-march-ubs-says.html#comments</comments>
		<pubDate>Tue, 17 Feb 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[192]]></category>
		<category><![CDATA[correlation]]></category>
		<category><![CDATA[estimates]]></category>
		<category><![CDATA[first quarter]]></category>
		<category><![CDATA[fourth-quarter]]></category>
		<category><![CDATA[fund investors]]></category>
		<category><![CDATA[fund-assets]]></category>
		<category><![CDATA[global assets]]></category>
		<category><![CDATA[london]]></category>
		<category><![CDATA[management unit]]></category>
		<category><![CDATA[record losses]]></category>
		<category><![CDATA[singapore]]></category>
		<category><![CDATA[timothy bell]]></category>
		<category><![CDATA[trillion]]></category>
		<category><![CDATA[ubs]]></category>
		<category><![CDATA[ubs-ag]]></category>
		<category><![CDATA[wealth management]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Bloomberg &#8211; Hedge-fund assets will likely drop by about $192 billion this quarter after the industry posted record losses in 2008, according to estimates by UBS AG. Global assets will likely fall to $1.215 trillion in the first quarter, said Timothy Bell, London-based head of hedge- funds advisory at UBS&#8217;s wealth management unit. Hedge-fund investors [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Fraudster Who Staged Death Transferred to Florida Jail</title>
		<link>http://www.hedgeco.net/news/01/2009/fraudster-who-staged-death-transferred-to-florida-jail.html</link>
		<comments>http://www.hedgeco.net/news/01/2009/fraudster-who-staged-death-transferred-to-florida-jail.html#comments</comments>
		<pubDate>Tue, 20 Jan 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[accredited-investors]]></category>
		<category><![CDATA[company heritage]]></category>
		<category><![CDATA[cracked windshield]]></category>
		<category><![CDATA[distress call]]></category>
		<category><![CDATA[federal charges]]></category>
		<category><![CDATA[fighter jets]]></category>
		<category><![CDATA[fraud charges]]></category>
		<category><![CDATA[hedgeco]]></category>
		<category><![CDATA[hundreds of thousands]]></category>
		<category><![CDATA[money manager]]></category>
		<category><![CDATA[pensacola]]></category>
		<category><![CDATA[piper]]></category>
		<category><![CDATA[rescue helicopters]]></category>
		<category><![CDATA[sister-sites]]></category>
		<category><![CDATA[tallahassee]]></category>
		<category><![CDATA[thousands of dollars]]></category>
		<category><![CDATA[wealth management]]></category>
		<category><![CDATA[wreckage]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[New York (HedgeCo.Net) &#8211; Marcus Schrenker, the pilot turned money manager accused of faking his own death to avoid fraud charges, was transferred from a Tallahassee hospital to a Pensacola jail on Monday. Schrenker, 38, purposely crashed his single-engine Piper in Florida last week, hoping authorities would confirm his death upon finding the wreckage. Meanwhile, [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Wealthy wary of putting new money in hedge funds</title>
		<link>http://www.hedgeco.net/news/01/2009/wealthy-wary-of-putting-new-money-in-hedge-funds.html</link>
		<comments>http://www.hedgeco.net/news/01/2009/wealthy-wary-of-putting-new-money-in-hedge-funds.html#comments</comments>
		<pubDate>Tue, 20 Jan 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[100-million]]></category>
		<category><![CDATA[asset base]]></category>
		<category><![CDATA[bank of new york]]></category>
		<category><![CDATA[bank of new york mellon]]></category>
		<category><![CDATA[bank-of-new-york-mellon-corp]]></category>
		<category><![CDATA[charitable gift]]></category>
		<category><![CDATA[heberle]]></category>
		<category><![CDATA[industry-executive]]></category>
		<category><![CDATA[management unit]]></category>
		<category><![CDATA[millionaires]]></category>
		<category><![CDATA[portfolios]]></category>
		<category><![CDATA[record losses]]></category>
		<category><![CDATA[redemptions]]></category>
		<category><![CDATA[reuters]]></category>
		<category><![CDATA[trillion]]></category>
		<category><![CDATA[wealth management]]></category>
		<category><![CDATA[wealthy-investors]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Reuters &#8211; Millionaires who long put money with hedge funds are now skittish about adding fresh cash after these loosely regulated portfolios posted record losses last year, a top industry executive said on Thursday. &#34;We have probably seen the worst of the (hedge fund industry redemptions), but I think it will be a slow go [...]]]></description>
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		</item>
		<item>
		<title>Former UBS Exec Declared a Fugitive by South Florida Judge</title>
		<link>http://www.hedgeco.net/news/01/2009/former-ubs-exec-declared-a-fugitive-by-south-florida-judge.html</link>
		<comments>http://www.hedgeco.net/news/01/2009/former-ubs-exec-declared-a-fugitive-by-south-florida-judge.html#comments</comments>
		<pubDate>Wed, 14 Jan 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[accredited-investors]]></category>
		<category><![CDATA[business man]]></category>
		<category><![CDATA[courtroom]]></category>
		<category><![CDATA[fugitive]]></category>
		<category><![CDATA[global-wealth]]></category>
		<category><![CDATA[hedgeco]]></category>
		<category><![CDATA[internal revenue service]]></category>
		<category><![CDATA[james cohn]]></category>
		<category><![CDATA[judge james]]></category>
		<category><![CDATA[management unit]]></category>
		<category><![CDATA[private-banking]]></category>
		<category><![CDATA[raoul]]></category>
		<category><![CDATA[sister-sites]]></category>
		<category><![CDATA[swiss bank accounts]]></category>
		<category><![CDATA[ubs]]></category>
		<category><![CDATA[wealth management]]></category>
		<category><![CDATA[wealthy individuals]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[New York (HedgeCo.Net) &#8211; U.S. authorities have officially declared Raoul Weil, formerly of UBS, a fugitive.&#160; The one-time prominent business man and former chairman of UBS&#8217;s global wealth management unit, failed to surrender to police after being charged with aiding wealthy individuals in hiding their assets from the Internal Revenue Service. According to the original [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>For investors, now what?</title>
		<link>http://www.hedgeco.net/news/12/2008/for-investors-now-what.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/for-investors-now-what.html#comments</comments>
		<pubDate>Mon, 29 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[churning stock]]></category>
		<category><![CDATA[credit markets]]></category>
		<category><![CDATA[equity-strategy]]></category>
		<category><![CDATA[financial-institutions]]></category>
		<category><![CDATA[investment-professionals]]></category>
		<category><![CDATA[leverage]]></category>
		<category><![CDATA[market swings]]></category>
		<category><![CDATA[minneapolis star tribune]]></category>
		<category><![CDATA[minnesota lake]]></category>
		<category><![CDATA[multibillion-dollar]]></category>
		<category><![CDATA[phil dow]]></category>
		<category><![CDATA[rbc]]></category>
		<category><![CDATA[speculation]]></category>
		<category><![CDATA[star tribune]]></category>
		<category><![CDATA[stock market volatility]]></category>
		<category><![CDATA[stomach churning]]></category>
		<category><![CDATA[twin-cities]]></category>
		<category><![CDATA[vix index]]></category>
		<category><![CDATA[wealth management]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Minneapolis Star Tribune &#8211; Like most market watchers, last year&#8217;s participants in the Star Tribune Investor Roundtable failed to predict that 2008 would be a year of stomach-churning stock market declines, failed financial institutions, multibillion-dollar bailouts and credit markets as frozen as a Minnesota lake in January. &#34;I think everybody in the room knew there [...]]]></description>
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